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mikefocke · 10-20-2008, 06:57 AM

everyone's risk tolerance is different. And perhaps the Porsche is the exception that would argue for a warranty. But if statistically that were true, wouldn't that be priced into the cost of the warranty as the warranty company has other costs they have to recover besides actual repair costs, have statistics on what it is costing them for Porsche repairs, and isn't in business to lose money. So I have to believe that they are pricing to make money on their Boxster warranties.

While I recognize that you may have made money on your warranty, I declined mine and am $2400 ahead at what would be the end of the warranty period. And neither your or my experience is really statistically significant (to me) in determining the wisdom of a warranty... way too small a sample.

The argument for a warranty that is compelling is the one that says "to me, it is the only way I'd be able to own a P-car and sleep at night" and that is an emotional response that is specific to the individual. And as valid a reason as any...because everyone has a different risk tolerance.

10-20-2008, 06:57 AM	#17
mikefocke Registered User Join Date: Aug 2005 Location: Sanford NC Posts: 2,567	As I said in the thought piece everyone's risk tolerance is different. And perhaps the Porsche is the exception that would argue for a warranty. But if statistically that were true, wouldn't that be priced into the cost of the warranty as the warranty company has other costs they have to recover besides actual repair costs, have statistics on what it is costing them for Porsche repairs, and isn't in business to lose money. So I have to believe that they are pricing to make money on their Boxster warranties. While I recognize that you may have made money on your warranty, I declined mine and am $2400 ahead at what would be the end of the warranty period. And neither your or my experience is really statistically significant (to me) in determining the wisdom of a warranty... way too small a sample. The argument for a warranty that is compelling is the one that says "to me, it is the only way I'd be able to own a P-car and sleep at night" and that is an emotional response that is specific to the individual. And as valid a reason as any...because everyone has a different risk tolerance.